Atos

Thales, a defence group partially owned by the French state, has repeatedly said it is not interested in Atos' computing assets known as Big Data & Security (BDS)

An Airbus spokesperson confirmed in an e-mailed statement sent to Reuters that it has submitted a non-binding proposal for a potential acquisition of Atos' BDS business line

The feasibility of exiting Russia has required significant planning in terms of implications for business operations and employees based there, the company said in an earnings statement

In a Q&A, the CEO of the French IT behemoth talks about the transformation at Atos, the firm's growing business from cloud and digital, and India's role in this transformation

Atos has around 40,000 employees in India. The company had a total revenue of Euro 11 billion for the 2020 calendar year

The new Santro, sold as Hyundai Atos in the international market, will be the tallest in the segment

The company is into Cloud, Cybersecurity and High-Performance Computing offerings, and provides end-to-end Orchestrated Hybrid Cloud, Big Data and more

The acquisition of Syntel, which has around 18,000 employees in India, will be beneficial for Altos, traditionally a strong player in Europe.

The deal comes after eight months after Atos failed in its bid to acquire Gemalto NV, which secures digital payments for banks and other clients.

The France-headquartered firm is looking at an organic revenue growth of 2-3%, operating margin rate at 10.5-11%

The French IT services firm is touted to be top favourite to acquire Perot from Dell